0001140361-17-009257.txt : 20170224
0001140361-17-009257.hdr.sgml : 20170224
20170224203610
ACCESSION NUMBER: 0001140361-17-009257
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170222
FILED AS OF DATE: 20170224
DATE AS OF CHANGE: 20170224
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SILVER SPRING NETWORKS INC
CENTRAL INDEX KEY: 0001180079
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 230 W. TASMAN DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 669-770-4000
MAIL ADDRESS:
STREET 1: 230 W. TASMAN DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reeves Donald L. III
CENTRAL INDEX KEY: 0001571605
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35828
FILM NUMBER: 17639379
MAIL ADDRESS:
STREET 1: 555 BROADWAY STREET
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
4
1
doc1.xml
FORM 4
X0306
4
2017-02-22
0
0001180079
SILVER SPRING NETWORKS INC
SSNI
0001571605
Reeves Donald L. III
C/O SILVER SPRING NETWORKS, INC.
230 W. TASMAN DRIVE
SAN JOSE
CA
95134
0
1
0
0
Chief Technology Officer
Common Stock
2017-02-22
4
M
0
15680
0
A
60819
D
Common Stock
2017-02-22
4
F
0
6069
12.63
D
54750
D
Common Stock
2017-02-24
4
M
0
4000
1.1
A
58750
D
Employee Stock Option (right to buy)
1.1
2017-02-24
4
M
0
4000
0
D
2017-06-12
Common Stock
4000
0
D
Represents restricted stock units ("RSUs") awarded to the Reporting Person on February 22, 2017, pursuant to the Issuer's 2016 Corporate Bonus Plan, that vested in full and settled immediately upon grant. The shares of Common Stock were delivered to the Reporting Person upon settlement for no consideration.
Exempt transaction pursuant to Section 16b-3(e) for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
The stock option grant has fully vested and is immediately exercisable.
/s/ Donald L. Reeves, III by Cecilia Hartwig, Attorney-in-Fact
2017-02-24